olliecoughland

Market showing signs of weakening here tbh.. Potential for a sweep of 4k and even retesting 2.618 down at 3.5k Over all bullish bias unless 3.5k is lost comprehensively but the volume of eth being purchased by institutions (announced already) is significant so I dont think we break down fully from here But wider market forces also sugges a consodildatory period until the next Sept fomc.

Bluechip ethereum coin With eth pushing to highs is this the future world lending markets final breakout? 14% to local highs 600$ ath is alot more Defi is pursuing its modular course with further integration, staking on metamask via aave Perps on phantom via hyperliquid The future of finance is modular defi apps It appears the backbone of these is already built and things will be built on top of them or they will be integrated.

Potential for if ETHBTC revisits Highs 9k eth by EOY After that the traditional adoption cycles would suggest we are in for a significant bearish period... If adoption has become significant enough there's credence to the idea that cycle theory no longer applies to this market like it used, 'this time will be different'. However this has been called previous cycles and we still saw major downturns, if large projects begin to implode or stable coins depeg this would be what to watch out for to trigger a significant bear market. Given BYBIT already got hacked for like 5% of the eth supply this cycle (major downturn) im not sure what would be the next issue... Ive outlined two general paths but truth is it could be significantly more bullish than both of these... BTMNR calling for 10-15... idk how easy it will be at the ETHBTC resistance even with the new high liquidity buyers. see how we go..

Saw that band was pumping with link.. Band being an alternative ethethereum oracle, got me thinking 🤔 there could be an ecosystem wide ethereum network speculative move if eth breaks into aths, uni aave link and crv being some of the bluechip ecosystem coins, they all have derivatives 1inch is a dex aggregator, finding the cheapest route amongst dexs for swaps. With a speculative wave comes congestion, price premiums etc so tradfi might be getting educated on aggregators quite quickly if they hear there's better swap rates during the speculative wave. 1inch's time to shine. Technically speaking we've been in a long accumulation zone after a mass market alt drawdown from 2022. A retest of the MA50 1M would be about a 3x from here given how low these alternative coins ended up ~98% from aths.

The first ever altcoin Lite coin was the second crypto currency ever created It has never really marked up in price beyond the 1st wave and appears to have been accumulating this range since the 2017 cycle. ~8 years Macro economic conditions aswell as a fresh market cycle this time with traditional finance at the helm means we likely see diversification of portfolios at some point. Ltc would be well placed to be included in some etfs and could see a range mark up due to this as well as several halving events with no markup. Digital silver narrative could heat up aswell idk. Technically speaking it looks like accumulation is finishing and we could see expansion phase begin soon, heading into a late q3 or 4 rally but this is very speculative. I have seen one announcement of a tradfi firm announcing an ltc buy but that's it so far. ~2x to the range high with potential for claiming that high and consolidating.

Hyperliquid generated ~35% of all revenue in cryptocurrency markets in July. ~97% of that goes into buying the Hype token, driving scarcity and assisting the price action. EVM tvl and open interest are hitting aths pretty much every week/month. Theres also the potential for future bullish catalysts such as further builder code integration for example with phantom wallet as well as HIP3 on the way. Eth and btc at all time highs, all time high institutional interest, us national debt continues to climb and there are predicted rate cuts on the horizon. All of this is incredibly bullish and highlighted here are the last 3 resistance zones until ATHs which I expect we see later this month.

The volume profile on this chart along with other macro factors suggest we extend to the 1.618 at some point (Probably q4) ~171% There would be potential for price acceptance at these levels aswell and eventual continuation given the fundamentals of this one.. could easily be a multi cycle coin...

Honestly probably marks up very heavily soon... We are entering etf bid war phase of the cycle. Can't even really draw how vertical this chart could go as certain macro economic conditions seem to be brewing... 15k is the predicted target of certain large tradfi firms that are accumulating, bitmine for example. They are basing their targets from the success of the circle internet groups public listing as well as fundamental factors such as JPMorgan and other institutions launching their own stable coins on ethereum... Multiple companies rushing to accumulate 5% of the supply while predictions of a 75bps rate cut from the fed are starting to brew... Supply shock combined with inflationary event aswell as eths successful merge earlier this year are incredibly bullish catalysts and we aren't even at the ath valuations seen last cycle.

Not discounting the potential for a dip into the August montly open... Retesting the trend line break for a second time.. Then we enter etf bid war phase.. multiple companies attempting to emerge as the strategy b of ethereum. Bitmine and sharplink are leading but there's about 10-30 companies starting to accumulate heavily..

I think this is still the best privacy L2 for the ethereum network... Applications and variations of mixers like tornado cash also exist though... In the long term eth thesis a privacy focused l2 makes ALOT of sense for funneling money between black and white markets.. for political reasons or otherwise. Institutions build on eth for its reliability... Its a 20x to aths from here if that is eventually possible again (20k eth would do it.. ) Alts and ecosystem coins at psychological market lows around here when compared with other markets btc gold spx etc so we might be in the maximum opportunity zone though I expect altseason to be highly targeted and selected as retail interest/funds are pretty minimal vs institutions right now.. coins with a long term genuine thesis that institutions will understand easily.. they're slowly coming over to eth and we are seeing massive institutions start building their own projects so og crypto devs with all their tech scrutiny /battle tested code from previous cycles should start coming into the window of relevance as these institutions start becoming more educated on the broader crypto markets long term thesis. Og coins like xmr showing strength along with new tech coins like hype will eventually open the minds of institutions to the broader thesis' Rose could be part of that wave and we are technically seeing a potential deviation double bottom here..DYOR as always.